I have two call options
2 x SPY $445 call 1/16/26, @ $176 (with total returns of $23,700)
SPY right now is at $603
What is the correct strategy:
\- If I excercise the call it would be $445 x 2 x 100 = $89,000 profiting to $603 x 2 x 100 = $120,600. Therefore $31,600 gains
\- If I sell the calls, I have a total return of $23,700 approx.
Is it worth to exercise the call option/s and make more profits? Am I losing something?